Greif, Inc. (NYSE:GEF, GEF.B)), a global leader in industrial packaging products and services, today announced it has entered into a definitive agreement to acquire Lee Container Corporation, Inc. (“Lee Container” or “Lee”), an industry-leading manufacturer of high-performance barrier and conventional blow molded containers, for a purchase price of $300 million before taking into consideration tax benefits with an estimated net present value of approximately $30 million. The all-cash transaction will be funded through Greif’s existing credit facility and is expected to close by the end of the calendar year, subject to customary closing conditions, including regulatory clearances.
Ashford Hospitality Trust Preliminary Q4 EPS $(0.93)-$(0.87); FY23 EPS $(5.64)-$(5.58); January Comparable RevPAR Increased 1.5% YoY
January Comparable RevPAR Increased 1.5% Over the Prior Year DALLAS, Feb. 15, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced its preliminary
